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The market pays close attention to potential takeover or leveraged buyout (LBO) targets because when a company announces that it is being taken over, its stock price usually jumps to price in the takeover premium being paid by the acquirer. This is why analysts speculate about which companies are likely to be taken over.

We compiled a list of potential takeover targets from various sources, including Minyanville and Bloomberg Businessweek, and we screened this list for those with bullish sentiment from options traders, seeing a significant drop in put/call over the last ten trading days.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.‬

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. (To access a complete analysis of this list's recent performance, click here.)

Do you think options traders believe these companies are likely takeover candidates? Use this list as a starting-off point for your own analysis.

List sorted by change in put/call ratio.

1. Power Integrations Inc. (NASDAQ:POWI): Designs, develops, manufactures, and markets proprietary, high-voltage, analog, and mixed-signal integrated circuits (ICs) in the United States and internationally. Market cap of $1.02B. Takeover/LBO rumor sourced from EE Times. Put/Call ratio changed from 1.27 to 0.0 between 10/19/11 to 11/01/11, a change of -100.0%. The stock is a short squeeze candidate, with a short float at 13.99% (equivalent to 12.13 days of average volume). The stock has lost 1.37% over the last year.

2. Emdeon Inc. (NYSE:EM): Provides revenue and payment cycle management solutions that connect payers, providers, and patients in the United States healthcare system. Market cap of $2.20B. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 12.89 to 0.0 between 10/19/11 to 11/01/11, a change of -100.0%. The stock has gained 35.5% over the last year.

3. Chelsea Therapeutics International Ltd. (NASDAQ:CHTP): A development-stage pharmaceutical company, focuses on the acquisition, development, and commercialization of pharmaceutical products for the treatment of various human diseases. Market cap of $291.18M. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 4.98 to 0.24 between 10/19/11 to 11/01/11, a change of -95.18%. The stock is a short squeeze candidate, with a short float at 10.43% (equivalent to 13.63 days of average volume). The stock has had a good month, gaining 14.32%.

4. Kulicke & Soffa Industries Inc. (NASDAQ:KLIC): Designs, manufactures, and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, light-emitting diodes, and power modules. Market cap of $695.01M. Takeover/LBO rumor sourced from Bloomberg Businessweek. Put/Call ratio changed from 0.41 to 0.05 between 10/19/11 to 11/01/11, a change of -87.80%. This is a risky stock that is significantly more volatile than the overall market (beta = 2.66). The stock has had a good month, gaining 24.64%.

5. Jack in the Box Inc. (NASDAQ:JACK): Operates as a restaurant company that operates and franchises Jack in the Box restaurants. Market cap of $933.63M. Takeover/LBO rumor sourced from TheStockMasters.com. Put/Call ratio changed from 0.63 to 0.11 between 10/19/11 to 11/01/11, a change of -82.54%. The stock is a short squeeze candidate, with a short float at 9.88% (equivalent to 8.66 days of average volume). The stock has lost 15.53% over the last year.

6. Big Lots Inc. (NYSE:BIG): Operates as a broad line closeout retailer in the United States. Market cap of $2.50B. Takeover/LBO rumor sourced from Seeking Alpha: Insider Monkey. Put/Call ratio changed from 0.89 to 0.20 between 10/19/11 to 11/01/11, a change of -77.53%. The stock has had a good month, gaining 11.99%.

7. Acorda Therapeutics, Inc. (NASDAQ:ACOR): A commercial stage biopharmaceutical company, involved in the identification, development, and commercialization of therapies for multiple sclerosis, spinal cord injury, and other nervous system disorders. Market cap of $818.98M. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 0.95 to 0.29 between 10/19/11 to 11/01/11, a change of -69.47%. The stock is a short squeeze candidate, with a short float at 11.31% (equivalent to 8.41 days of average volume). It's been a rough couple of days for the stock, losing 6.35% over the last week.

8. Seacor Holdings Inc. (NYSE:CKH): Operates, invests in, and markets equipment for the offshore oil and gas, industrial aviation, and marine transportation industries worldwide. Market cap of $1.81B. Takeover/LBO rumor sourced from Bloomberg Businessweek. Put/Call ratio changed from 0.57 to 0.22 between 10/19/11 to 11/01/11, a change of -61.40%. The stock has lost 0.45% over the last year.

9. DG FastChannel, Inc. (NASDAQ:DGIT): Provides digital technology services that enable the electronic delivery of advertisements, syndicated programs, and video news releases to traditional broadcasters, online publishers, and other media outlets. Market cap of $515.17M. Takeover/LBO rumor sourced from iStockAnalyst. Put/Call ratio changed from 0.41 to 0.17 between 10/19/11 to 11/01/11, a change of -58.54%. The stock is a short squeeze candidate, with a short float at 14.01% (equivalent to 7.55 days of average volume). The stock has had a good month, gaining 10.44%.

10. Finish Line Inc. (NASDAQ:FINL): Operates as a mall-based specialty retailer in the United States. Market cap of $1.08B. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 0.41 to 0.17 between 10/19/11 to 11/01/11, a change of -58.54%. The stock is a short squeeze candidate, with a short float at 10.62% (equivalent to 5.24 days of average volume). The stock has gained 34.37% over the last year.

11. Quality Systems Inc. (NASDAQ:QSII): Develop and market health-care information systems. Market cap of $2.25B. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 1.46 to 0.64 between 10/19/11 to 11/01/11, a change of -56.16%. The stock is a short squeeze candidate, with a short float at 10.26% (equivalent to 5.86 days of average volume). It's been a rough couple of days for the stock, losing 11.53% over the last week.

12. Jabil Circuit Inc. (NYSE:JBL): Provides electronic manufacturing services and solutions in the Americas, Europe, and Asia. Market cap of $4.12B. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 0.57 to 0.26 between 10/19/11 to 11/01/11, a change of -54.39%. Might be undervalued at current levels, with a PEG ratio at 0.92, and P/FCF ratio at 13.36. The stock has gained 36.27% over the last year.

13. SunTrust Banks, Inc. (NYSE:STI): Operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United States. Market cap of $10.49B. Takeover/LBO rumor sourced from Business Insider. Put/Call ratio changed from 0.77 to 0.39 between 10/19/11 to 11/01/11, a change of -49.35%. The stock has lost 22.03% over the last year.

14. Genesco Inc. (NYSE:GCO): Operates Journeys, Journeys Kidz, and Shi by Journeys stores that offer footwear for young men, women, and children. Market cap of $1.44B. Takeover/LBO rumor sourced from Seeking Alpha. Put/Call ratio changed from 0.11 to 0.06 between 10/19/11 to 11/01/11, a change of -45.45%. The stock is a short squeeze candidate, with a short float at 10.86% (equivalent to 5.77 days of average volume). The stock has gained 79.02% over the last year.

15. Clearwire Corporation (CLWR): Provides wireless broadband services. Market cap of $1.87B. Takeover/LBO rumor sourced from Business Insider. Put/Call ratio changed from 0.81 to 0.56 between 10/19/11 to 11/01/11, a change of -30.86%. The stock is a short squeeze candidate, with a short float at 26.24% (equivalent to 5.84 days of average volume). The stock has lost 70.98% over the last year.

16. Staples, Inc. (NASDAQ:SPLS): Operates as an office products company. Market cap of $10.20B. Takeover/LBO rumor sourced from CNN Money. Put/Call ratio changed from 0.80 to 0.58 between 10/19/11 to 11/01/11, a change of -27.50%. Might be undervalued at current levels, with a PEG ratio at 0.81, and P/FCF ratio at 12.57. The stock has lost 27.88% over the last year.

Options data sourced from Schaeffer’s; all other data sourced from Finviz. To access the complete list of takeover targets, click here.

Source: 16 Takeover/LBO Targets With Bullish Options Sentiment